Republican committee as many of you know has been an influential center of conservative thinking and policies for years. Scholars often work with the committee on major issues. I intensified for the committee and size them on issues concerning Food Security and policy and weve had our china scholars. The emerging young leadership of the conservative movement in the United States and we are very pleased to have the outgoing chairman mike johnson of louisiana and incoming chairman of indiana. Mike johnson from louisiana and jim banks from indiana. Im going to do a quick introduction of them and ask questions but we will take questions from the audience. We will put them up on the chat box although i do have a bunch of my own questions as well the chairman elect and representative is in his second term representing the Third District of indiana covering the Northeast Corner of the state including fort wayne. Representative banks serves on the Armed Services committee, the Labor Committee
Their priority. Republican committee as many of you know has been an influential center of conservative thinking and policies for years. Scholars often work with the committee on major issues. I intensified for the committee and size them on issues concerning Food Security and policy and weve had our china scholars. The emerging young leadership of the conservative movement in the United States and we are very pleased to have the outgoing chairman mike johnson of louisiana and incoming chairman of indiana. Mike johnson from louisiana and jim banks from indiana. Im going to do a quick introduction of them and ask questions but we will take questions from the audience. We will put them up on the chat box although i do have a bunch of my own questions as well the chairman elect and representative is in his second term representing the Third District of indiana covering the Northeast Corner of the state including fort wayne. Representative banks serves on the Armed Services committee, the
Contains on a timely subject that the height of stocks of amazon and google and others and with a broad scope why this book and why now . Thank you for having me by the way. I started this book in 2017. I had just taken a job as a columnist the mandate was to figure out the World Biggest business in opinion form which is a rather large mandate and in order to narrow the funnel, started to look through corporate numbers i saw how well they transition from the Financial Sector to the Technology Sector since a great financial crisis and one number that stuck out was looking at how 80 percent of corporate wealth was being held than 10 percent of the firms. Those were the richest in personal data and intellectual property. You are holding the majority of the worlds corporate wealth and the majority of those are that i profile in the book. Netflix and google. Host there are some overlap like facebook and google with Digital Advertising and apple has shunned advertising and technology. Huber
So apple will capitulate on privacy in china. In ways that it would not dream of doing in the us. It is certainly subject to political pressure, differences in ways Different Companies regulated and will not fight beijing on these things. There are a couple other problems with apple that overlap problems with google and facebook. One is in terms of who gets what part of the innovation pie. One of the arguments when regulators say these companies are too big, we need to bring them to heal, make him smaller, break them up, they say this is a battle between regulation and innovation. I would argue these companies, apple is foremost among them, are implementers, not innovators. They are implementers of pretty much other peoples technology. You can see this playing out, there is a great story and headlines, the google battle and so now has a the to pick with a small innovator, a guy came up with a way to make smart speakers, very innovative company, came up a lot of technologies adapted by
Less attainabletoday the later , Pulitzer Prize winning journalist Nicholas Kristof and sheryl wu dont report on the issues facing the working class in rural america. An enjoyable tv now and over the weekend on cspan2. Great to sit down with you and your book, dont be evil is contained plenty on a timely subject given the political times we are in , given the heights that the stocks of apple, amazon, google and facebook and others have reached but you normally have a pretty broad scope to your coverage. Why is this book, why now mark. At you for having me by the way. I started this book i guess it was in 2017. And i had just taken a job as a columnist for the Financial Times and my mandate was to figure out are the worlds biggest business and economic stories and cover them in opinion form is a rather large mandate and in order for the to narrow the funnel i started looking through wealth figures and i thought i saw an amazing numbers in terms of how well to transition to the technolog